Putin: Sberbank in the medium term will not be privatized

Putin: Sberbank in the medium term will not be privatized


Minister of economic development at the beginning of the year offered to return to the discussion on the privatization of the largest Russian state-owned banks. At the meeting with the President, the head of the Central Bank of the Russian Federation opposed the privatisation of Sberbank, Putin agreed with her.

MOSCOW, 29 Jan. The question of privatization of Sberbank in the medium term will not be considered, said the President of the Russian Federation Vladimir Putin.

“I agree with you completely. In the medium term we are at this point we will not come back “, — Putin said in response to a replica of the Bank of Russia chief Elvira Nabiullina, who on the meeting with the President was opposed to the privatization of the savings Bank.

The Minister of economic development Alexey Ulyukayev at the beginning of the year offered to return to the discussion on privatization of the largest Russian banks — Sberbank and VTB, which, in his opinion, will allow to improve the situation with capitalization of the banking system. The share of the Central Bank in the authorized capital of Sberbank is 50% plus one share, of legal entities – non-residents — 43,26%, legal entities-residents — 2,83%, private investors — of 3.91%.